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Fair value measurements and Hedging (Tables) | 6 Months Ended
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Jun. 30, 2018
Fair Value Disclosures [Abstract] |
Fair value measurements on a recurring basis - Interest rate swaps |
|  | Designed as |  |  |  |  |  |  |  | Notional amount June 30, 2018
Counterparty |  | accounting hedge |  | Inception |  | Expiry |  | Fixed Rate
HSH - Star Challenger |  | Yes |  | September 30, 2014 |  | September 28, 2018 |  | 1.7650% |  | 6,094
HSH - Star Fighter |  | Yes |  | September 30, 2014 |  | September 28, 2018 |  | 1.7650% |  | 6,271
Credit Agricole - Star Borealis |  | Yes |  | November 10, 2014 |  | August 9, 2018 |  | 1.7200% |  | 20,044
Credit Agricole - Star Polaris |  | Yes |  | August 11, 2014 |  | November 9, 2018 |  | 1.7050% |  | 21,133
Total |  |  |  |  |  |  |  |  | $ | 53,542
Derivative instruments effect on statement of operations |
Six months ended June 30,
|  | 2017 |  |  | 2018
Consolidated Statement of Operations |  |  |  |  |
Gain/(loss) on derivative financial instruments, net |  |  |  |  |
Unrealized gain/(loss) from the Goldman Sachs Swaps after de-designation of accounting hedging relationship (April 1, 2015) | $ | 1,642 |  | $ | 140
Realized gain/(loss) from the Goldman Sachs Swaps after de-designation of accounting hedging relationship (April 1, 2015) |  | (1,542) |  |  | (141)
Total Gain/(loss) on derivative financial instruments, net | $ | 100 |  | $ | (1)
Interest and finance costs |  |  |  |  |
Reclassification adjustments of interest rate swap loss transferred to Interest and finance costs from Other comprehensive income/(loss) (Note 7) |  | (473) |  |  | (73)
Total Gain/(loss) recognized | $ | (473) |  | $ | (73)
Gain/(loss) on forward freight agreements and bunker swaps |  |  |  |  |
Realized gain/(loss) on bunker swaps |  | (500) |  |  | 1,580
Realized gain/(loss) on forward freight agreements |  | - |  |  | 71
Unrealized gain/(loss) on forward freight agreements |  | (41) |  |  | (1,097)
Unrealized gain/(loss) on bunker swaps |  | - |  |  | 1,446
Total Gain/(loss) recognized | $ | (541) |  | $ | 2,000
Fair value measurements on a recurring basis |
| Significant Other Observable Inputs (Level 2)
| December 31, 2017 | June 30, 2018
| (not designated as cash flow hedges) | (designated as cash flow hedges) | (not designated as cash flow hedges) | (designated as cash flow hedges) |
ASSETS |  |  |  |  |
Forward freight agreements - asset position | $ 17 | - | $ - | - |
Bunker swaps - asset position | 60 | - | 1,507 | - |
Interest rate swaps - asset position | - | - | - | 130 |
Total | $ 77 | - | $ 1,507 | 130 |
LIABILITIES |  |  |  |  |
Forward freight agreements - liability position | $ - | - | 1,080 | - |
Bunker swaps - liability position | - | - | - | - |
Interest rate swaps - liability position | 609 | 16 | - | - |
Total | $ 609 | 16 | 1,080 | - |

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- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
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